For Q1 FY2026 ended March 31, 2026, Easterly Government Properties reported revenue of $91.5 million, up 16.4% year-over-year. Net income was $1.4 million, down 56.3% from the prior year, and diluted EPS fell 71.4% to $0.02. Operating income was $7.4 million, up 12.0% year-over-year. The company had $2.0 million in cash, $1.3 billion in equity, and $1.7 billion in long-term debt.
•Revenue increased 16.4% YoY to $91.5 million.
•Net income decreased 56.3% YoY to $1.4 million.
•Diluted EPS fell 71.4% to $0.02.
•Long-term debt stood at $1.7 billion as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Easterly Government Properties, Inc. focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA). Easterly Government Properties, Inc. was incorporated in 2011 in Maryland. Easterly Government Properties, Inc. is based in Washington, D.C.
What does Easterly Government Properties, Inc. (DEA) do?
Easterly Government Properties, Inc. is a real estate investment trust (REIT) that focuses primarily on the acquisition, development, and management of Class A commercial properties leased to the U.S. Government. The company targets properties that are mission-critical for U.S. Government agencies, either leased directly or through the U.S. General Services Administration (GSA). By specializing in government tenancy, Easterly provides essential infrastructure for federal operations while offering investors exposure to a stable, government-backed income stream.
Where is Easterly Government Properties (DEA) listed and in which currency?
Easterly Government Properties, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol DEA. Its shares trade in U.S. dollars (USD), reflecting its primary operations and investor base in the United States.
What sector and industry does Easterly Government Properties (DEA) operate in?
Easterly Government Properties operates in the Real Estate sector, specifically within the REIT - Office industry. As a real estate investment trust, it is required to distribute most of its taxable income to shareholders as dividends. The company focuses on office properties that are leased to the U.S. Government, making it a specialized REIT in the government-leased office space.
Where is Easterly Government Properties headquartered and what is its background?
Easterly Government Properties, Inc. is based in Washington, D.C., the capital of the United States. The company was incorporated in 2011 in Maryland. Its location in Washington, D.C. provides proximity to key government decision-makers and agencies, aligning with its strategy of leasing properties to the U.S. Government. The experienced management team brings specialized insight into the needs of mission-critical government agencies.
How does Easterly Government Properties (DEA) make money?
Easterly Government Properties generates revenue primarily through rental income from its portfolio of Class A commercial properties leased to the U.S. Government. The company acquires, develops, and manages these properties, with leases typically backed by the full faith and credit of the U.S. Government or through the U.S. General Services Administration (GSA). This government tenancy provides a stable and predictable income stream, which supports the company's dividend payments to shareholders as a REIT.